[Analysis: BTC Price Recovery May Occur in Q1 Next Year, Current Trend Shows High Similarity to 2022 Bear Market] Odaily Planet Daily News – Economic analyst Timothy Peterson posted on the X platform, stating that the current Bitcoin trend shows a high degree of similarity to the 2022 bear market. From daily and monthly charts, the correlation between Bitcoin's daily trend this year and that of 2022 is 80%, while the monthly trend correlation is as high as 98%. If history continues to repeat itself, the true recovery of Bitcoin's price may not occur until the first quarter of next year. During the past month's decline, cryptocurrencies have been hit significantly harder than stocks, but signs of a rebound are rapidly increasing. Changes in macro sentiment could still trigger the classic 'Christmas rally' for risk assets before the end of the year.